SJM Resorts to restructure Macau satellite casinos by year-end
SJM Resorts has announced plans to restructure its satellite casino operations in Macau by the end of 2025. The move involves acquiring two casino properties and exiting seven others, with a focus on compliance, operational efficiency, and employee support.
Regulatory changes prompt business shift
The restructuring follows revisions to Macau’s gaming laws enacted in 2022. Under the updated rules, all satellite casinos must either be owned directly by the licensed operator or operate under non-profit-sharing agreements. The deadline for compliance is 31 December 2025.
SJM currently operates nine satellite casinos in partnership with third-party property owners. These casinos function under profit-sharing models, which will soon be disallowed.
SJM to acquire Casino L’Arc and Casino Ponte 16
In response to the regulatory changes, SJM has confirmed its intention to acquire the physical properties housing Casino L’Arc Macau and Casino Ponte 16. These two properties will continue operations under the SJM brand following direct ownership.
However, SJM stated that negotiations with the respective property owners have not yet begun, and no formal purchase agreements are currently in place.
Exit from seven satellite properties
SJM will not renew operating agreements at seven other satellite casinos. These include:
- Casino Casa Real
- Casino Emperor Palace
- Casino Fortuna
- Casino Grandview
- Casino Kam Pek Paradise
- Casino Landmark
- Casino Legend Palace
Operations at these locations will cease once existing service agreements expire at the end of 2025. Gaming tables and slot machines from the exiting properties will be reallocated to SJM-owned casinos.
No major impact on business forecast
SJM Resorts’ Board has stated that the restructuring is not expected to materially affect the company’s operations, liquidity, or profitability. The company remains focused on maintaining stable performance across its core properties.
In the first quarter of 2025, SJM Holdings reported HK$7.5 billion (US$970 million) in net revenue, citing improved profitability and stronger performance at flagship venues, including the Grand Lisboa Palace.
Commitment to protect local jobs
SJM also reiterated its commitment to protecting local employment throughout the transition. All affected Macau residents — whether directly employed by SJM or through third-party operators — will be supported.
- Direct SJM employees will be reassigned to similar positions within the company’s portfolio.
- Third-party employees will be invited to apply for internal job openings as part of the restructuring plan.
This workforce strategy aligns with SJM’s broader goal of ensuring stability and continuity in its Macau operations.
